President Trump

tonyexpress

Whac-A-Troll Patrol
Staff member
I think it’s rational to point out the 2.7% inflation with respect to 3.2% wage growth and how Trumps economy can’t really be called a “populist centered” economy.

It is roughly 3% inflation. My point again was the difference between the reported wage growth numbers of 2.7 and 3.2. When you consider inflation it is basically a break-even scenario.

But it is also a shift in wages...Do you think that 10,000 baby boomers retiring a day has any effect on this? New jobs are not going to pay what the retiring boomer was making...so there's that.
 

bbsam

Moderator
Staff member
It is roughly 3% inflation. My point again was the difference between the reported wage growth numbers of 2.7 and 3.2. When you consider inflation it is basically a break-even scenario.

But it is also a shift in wages...Do you think that 10,000 baby boomers retiring a day has any effect on this? New jobs are not going to pay what the retiring boomer was making...so there's that.
No reason why they couldn’t, but no, they won’t and that itself is problematic.
 
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